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Thailand: Trade takes a tumble

Prospects for Thai exports look weak this year as a storm of economic uncertainties are expected to slow down shipping. The Federation of Thai Industries (FTI) lists the likelihood of a global recession, the impact of the prolonged Russia-Ukraine war, high inflation and currency fluctuations as risk factors behind sluggish international trade in 2023. Even car […]

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Philippines demand of imported meat slows in Q1

MANILA, Philippines — The Philippines saw a slower growth in meat importation in the first quarter as pork shipments dropped. Data from the Bureau of Animal Industry (BAI) showed the country imported 265.52 million kilos of meat and meat products during the three-month period. This was only 1.03-percent higher than the 262.81 million kilos shipped […]

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Cambodia’s quest for tourism transformation

For the last several years Cambodia’s has been fast-tracking development with once-sleepy beach towns like Sihanoukville turned into bustling cities with more than 70 skyscrapers most built since 2016 with Chinese investment. The Asian Development Bank estimates the Cambodian economy to grow at 5.5% in 2023 and 6.0% in 2024 on a more robust tourism […]

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